Vietnam business

The Greece-Vietnam business council has been unveiled at its first meeting recently held in Athens, the capital city of Greece.
At the event, Greek Deputy Foreign Minister Panayiotis Mihalos described its establishment as an impetus to drive bilateral economic connections, expressing hope that both sides will work more closely for the sake of their prosperity. On the occasion, Chief Executive Officer of the Intralot Group Constantinos Antonopoulos was elected as Chairman of the council's Board of Directors. Last year, two-way trade between Vietnam and Greece hit some 210 million USD, tripling the sum recorded three years ago. Of the figure, over 186 million USD was from Vietnam's exports. Joint links in shipbuilding and other areas look positive as Greece appointed Vietnam to build eight ships worth some 240 million USD.-VNA … [Read more...] about Greece-Vietnam business council debuts

Hanoi (VNA) - The Vietnam Business Forum 2016 opened on December 5 in Hanoi focusing on strengthening the role of the private economic sector through fostering the partnership between domestic and foreign enterprises. In opening the annual event, Minister of Planning and Investment Nguyen Chi Dung said the business community in Vietnam saw developments in both terms of quantity and quality in 2016, but still the domestic enterprises are not strong enough to make effective integration, without any representative able to join the global value and supply chains. The minister also recalled the lesson of environmental protection in association with investment projects, stressing that it is the lesson for not only the State but also enterprises themselves. He reiterated that environment protection is a priority of the Government in its strategy for green and sustainable development, and called on the business community to pay due attention to this issue. Participants at the forum took … [Read more...] about Vietnam Business Forum 2016 focuses on private sector

A Vietnam Business Forum was organised in Toronto city of Canada on October 26 - Illustrative image (Source: VNA)Ottawa (VNA) – A Vietnam Business Forum wasorganised in Toronto city of Canada on October 26 as an effort to call forCanadian investment and foster cooperation between the two countries’ enterprises.Addressing the event, Premier of Ontario Kathleen Wynne saidshe was impressed by Vietnam’s economic growth. She expressed her delight at the development of the twocountries’ relations based on cooperation in trade and connectivity between thetwo business communities. She added that she hopes for expanded cooperation inother fields in the time to come.Vietnamese Ambassador to Canada Nguyen Duc Hoa said that thetwo countries have yet to fully tap their cooperation potential as they do notunderstand each other’s market and investment policies thoroughly.Therefore, the Vietnam Business Forum was a chance for bothsides’ enterprises to discuss and … [Read more...] about Vietnam Business Forum held in Canada

Vietnam’s businesses environment has been remarkably improved, said the Vietnam Chamber of Commerce and Industry (VCCI) in its Vietnam Business Annual Report 2010, in Hanoi on March 28. Illustrative photo Last year, Vietnam jumped 10 places to rank 78 out of 183 countries worldwide in term of favourable business environment and ranked fourth in the list of 10 countries the most reforms in the business climate, the report said.Worthy of note, the country’s economic growth rate stood at 6.78 percent and export revenue increased 25.5 percent over 2009, according to the report.The improvement was due to the government’s great efforts, including those made during the implementation of Project 30 on administrative reform, said Vu Tien Loc, VCCI Chairman.The overhaul of the legal environment with major changes focusing on market accession and business administration, especially business registration, has … [Read more...] about Survey: Vietnam business environment improves

This year's Vietnam Midterm Business Forum (VBF) was held on June 9 at the Crystal Grand Ballroom at the Lotte Hotel in Hanoi with hundreds of representatives from the public and private sectors in attendance.The annual forum provides a platform for discussion about the opportunities and challenges facing the business community and urban municipalities during the nation’s movement to a more industrialized society.The speakers for the event, who came from a wide range of backgrounds, reflected the dual local and global focus of the forum and they discussed urban progress underpinned by notions of sustainable development.Minister of Planning and Investment Bui Quang Vinh said the country faced a number of challenges in implementing socio-economic targets in the first few months of the year.However, thanks to great efforts from the government and business community, the nation obtained significant results, most notably achieving economic growth of 6.2%, well in excess of … [Read more...] about Vietnam Business Forum bullish on economic growth

The 2015 year-end Vietnam Business Forum (VBF) officially openedin Hanoi on December 1 under the theme “Enhancing EnterpriseCompetitiveness for Global Integration”. The event was of great significance towards Vietnam as it has been in the final phase of the five-year socio-economic development plan to become a modern industrialized nation by 2020. In his opening speech, Minister of Planning and Investment Bui Quang Vinh said Vietnam’s institutional reforms and economic restructuring are taking place drastically. Therefore, there should be solutions to improve labour productivity, and speed up public administrative reforms and the fight against corruption. Minister Vinh said in spite of some improvements in Vietnam’s business climate, there remains a lot of things to be done ahead. He stressed the need to make Vietnamese businesses more competitive and complete policies in the context when … [Read more...] about 2015 year-end Vietnam Business Forum opens in Hanoi

Prime Minister Nguyen Xuan Phuc delivered the opening address at the first-ever Vietnam Business Summit on November 7 in Da Nang, where he highlighted the determination of the Vietnamese Government to develop the country into a trustworthy and potential trade partner of the global business community. PM Nguyen Xuan Phuc was speaking at the Vietnam Business Summit on November 7. Photo from apec2017.vn “I would like to extend the warmest welcome to the Vietnam Business Summit, one of the many activities and events associated with this year’s APEC Summit, being held in Da Nang and Hoi An ancient town, which was built in the 17th century by merchant fleets from Japan, China, India, and European countries and laid the foundation for open trade for hundreds of years,” the Prime Minister said.He provided those in attendance with the latest information on and outlook for Vietnam’s economy according to analyses and surveys by various global economic … [Read more...] about PM opens first-ever Vietnam Business Summit

Vietnam Business Summit 2017Vietnam: Integration, Dynamic Reform and Comprehensive Development Madam Victoria Kwakwa, World Bank's Vice President for East Asia – Pacific, Mr. Philipp Rösler, Managing Director, World Economic Forum, Excellency Ambassadors, Heads of diplomatic missions and international organizations in Vietnam, Vietnamese and foreign experts, investors and businessmen, On behalf of the Government of Vietnam, I would like to convey warmest welcome to all distinguished delegates and guests attending the Vietnam Business Summit on the occasion of the 2017 APEC Economic Leaders’ Week. May I extend my warmest greetings to all distinguished guests and delegations, representatives from organizations and enterprises, experts and investors Vietnamese and international alike. Along with many APEC events and activities, the Vietnam Business Summit is held in Da Nang and the ancient city of Hoi An - a vibrant trading post dating back to the early 17th century that … [Read more...] about Prime Minister’s speech at Vietnam Business Summit 2017

The forum offered a venue for foreign direct investment (FDI) and local enterprises to get connected, contributing to sustainable development and improving the quality of the national economy.Participants discussed solutions to help small-and medium-sized enterprises (SMEs) connect with FDI enterprises and join regional and international production networks towards eliminating national boundaries in production.The event was jointly held by the Vietnam Business Forum, the International Finance Corporation, the Ministry of Planning and Investment, and the World Bank in Viet Nam.Chairman of the Vietnam Chamber of Commerce and Industry (VCC) and Chairman of VBF Vu Tien Loc, said the forum focuses on enhancing the link between foreign and domestic sectors in the new context of the world economy, especially SMEs towards ensuring equal development of the two sectors and avoiding the situation of one country, two economies.It is also a high-level … [Read more...] about Midterm Vietnam Business Forum opens in HN

Prime Minister Nguye Xuan Phuc addresses the Vietnam Business Summit 2017 (Photo: VNA)– Prime Minister Nguyen Xuan Phuc delivered a speech before 2,000 businesses from the Asia-Pacific region and the world at the Vietnam Business Summit 2017 that opened in the central city of Da Nang on November 7 as part of the ongoing APEC Economic Leaders’ Week.He affirmed Vietnam’s determination to build a growth-enabling and action-oriented government to serve people and enterprises, as well as to strengthen international integration, maintain macro-economic stability, reform institutions and legal policies, promote sustainable growth, and improve people’s incomes.Reviewing Vietnam’s socio-economic achievements, the PM noted that the country is likely to enjoy 6.7 percent GDP growth in 2017 and expects 6.5-7 percent growth in 2016-2020.Average per capita income in 2017 is estimated to rise to 2,300 USD, he said, adding that Vietnam has signed 12 free trade … [Read more...] about APEC 2017: PM attends Vietnam Business Summit